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Anat Ashkenazi

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29 Oct
Alphabet misses profit expectations as revenue growth falls short
Alphabet reported third-quarter results for July–September showing revenue of $127.6 billion and net income of $26.17 billion, missing analyst expectations and sending shares lower in after-hours trading. The company cited an $8.7 billion equity-investment loss, slower ad growth, continued large capex plans, and said its Gemini app reached 1 billion users.
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